Where Will Carnival Stock Be in 3 Years?
Since investing is forward-thinking, it's important to consider where a stock is going to be in the future before putting down any money. Even if a company is reporting sales growth right now, can you be reasonably confident it can continue for the foreseeable future?
Carnival Corporation (NYSE: CCL) is the leading global cruise company, and it's had an interesting few years, to say the least. After plummeting during the pandemic, the stock gained 130% in 2023. Let's see where it could go over the next three years.
Carnival is literally back in business after closing down cruises during the height of COVID-19, and business is booming. Revenue is hitting all-time highs, and demand is still robust.
Source Fool.com
Carnival plc Stock
€13.55
-0.510%
The community is currently still undecided about Carnival plc with 2 Buy predictions and 0 Sell predictions.
With a target price of 14 € there is a slightly positive potential of 3.36% for Carnival plc compared to the current price of 13.55 €.
